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and a house committee is set to look whether or not it should actually continue. chief correspondent jim angle is live in washington with more. hi, jim. >> reporter: hello, jenna. what started out as an effort to by ronald reagan to help people in rural areas to have a phone in case of emergencies what critics suspect is a new welfare program, listen. >> the cost has gone from $143 million a few years ago, to $2.2 billion today, a 15 times increase. >> reporter: now the cost of the program lept after cell phones were added in 2008. only those on low income programs such as welfare and food stamps legally qualify. but lawmakers say the program is out of control. >> i got a solicitation for a free phone at my apartment which is certainly not in a building where you're going to have people who are qualified for free phones. there is clearly money being wasted here. >> the fcc said in a recent year there were 270,000 beneficiaries that had more than one of these subsidized cell phones that is completely against the law right there. >> reporter: now funded by a small tax on all phone bills you can
morning. welcome to "squawk on the street." i'm carl quintanilla with jim cramer who is tasting mcdonald's new breakfast lineup which we'll talk about this hour. got a triple whammy of dow, dupont, trafrlers, utx pretty good as futures are on the rise. day of reckoning, some have said, netflix soaring after last night's results. in europe, weak pmis out of germany, china, too, but the european markets are pricing in higher expectations this morning for a rate cut from the ecb. our road map begins with users streaming internet flicks, the house of cards paying off for the company and shares skyrocketing for the company. is it too late to buy the stock. >> we're counting down to apple's earnings report and that will be after the close. the shares over the $400 mark. one way or the other. >> luxury not dead, at least not according to coach and we'll dig deeper into those numbers. >> u.s. airways and delta beating those numbers. >> not quite as sanguine. we'll take a look at the airline sector and talk about travel turbulence a bit, as well. >> definitely not comericcal. >> for the fir
by jim o'neill as he nears the end of his tenure at goldman sachs. we'll get his best and worst investment calls from his time in the city. we'll hear up for earnings from apple later in the day. and we'll cross live to boston for the latest on what has motivated marathon bomber dzhokhar satisfy negative. >>> china's industry minister says there are they're overcapacity problems, but accelerating activity is normal. since chris is here, let's ask you, as well, about some of the details. to just above contracts at 50.6. yeah. this is a big disappointment. we were hoping we would see some traction gain signs there with china that benefiting from that. the weakness came from the exports index. a turn around there which is a big disappointment, firms addressing that buy by cutting back on their workforces. >> but the bulls will argue that rely more on domestic growth and less on economic consumption. is this not at least consistent with that shift? >> well, you could argue that and you could say this is going to promote the authorities to try to engender some more domestic growth, a
afternoon. to help us through the issues of the day today ambassador jim jones, former u.s. ambassador to mexico will be here in studio with us. igor volsky, of course here as he is every tuesday from think progress and a very exciting guest today and an unusual guest, randy couture a former mma boxing star, a boxing star and an mma star and a great actor, too. extenders? >> expendables. i think he's a chump and i'm going to tell him that to his face. >> bill: he will crush you! >> you're probably right. >> bill: he will crush you. >> you're definitely right! >> bill: i have a friend who wrestled with him. >> no kidding! >> bill: he told him didn't stand a chance. flattened him out. >> if you're not familiar with randy, go online and do a google image search for him. >> bill: i'm afraid of him already. >> there are a lot of pictures of him with his shirt off. he is chilled out of rock. >> bill: i'm afraid of him already. i'm going to have cyprian come in and stand alongside of me. >> your body guard? [ laughter ] perfect. >> bill: all right. and yes indeed, they're whining about air tr
to jim simons, the founder of jim simons, the founder of renaissance right after the crash, he said his firms stepped away from the markets. that's what happened this time around. this only happened for a minute, but the damage could be much deeper. and for all the people in the u.s., outside the u.s., this is a playbook. so be careful. >> exactly. a playbook, a good analogy there. >> we didn't even get to the issue of whether the s.e.c. will rethinking their ruling on allowing social media for material information, because that, i suspect, will become part of the conversation at some point in all of this. >> got to happen. we're in the final stretch of trading, about 35 minutes before the closing bell sounds. we've got a market up in the triple digits, up 139 points. >> delta air, us airways flying high after posting rare first quarter profits. when we come back, find out if these stocks can soar even higher. >>> also ahead, he's one of the federal reserve's biggest critics. but jim grant has his eyes on two stocks really benefiting from the fed's easy money policies. he's going to giv
as well. let's get jim in on this conversation, international chairman and ceo. jim, when i saw this, i thought, wait a minute, this is unbelievable considering that every casino i've ever been in, they want to keep you inside, not bring you outside. tell me what's at the heart of this idea. >> well, you're right. it's not your father's casino environment. this is to reflect the new consumer, the consumer is experienced samplelers. they want not to be told what to do, and we're building a park that will be the connective tissue between two iconic resorts already, new york new york and monte carlo. we're bringing danny meyers from shake shack out to las vegas for the first time, and we're building a brand new 20,000-seat arena that will anchor this park. so imagine an indoor/out experience where people can go around and not be told what to do, do what they want to do, and i think it's going to benefit the existing resorts we have. liz: and you've also got the hershey's chocolate world. i like chocolate so, of course, i totally -- [laughter] i completely focused on chocolate world. but i
tsavraev, at the request of the russian government. cnn's national political correspondent jim acosta joins us from washington now with what's going on. a lot of frustration, a lot of what ifs, could if this boston magnificent y massacre been prevented? those are the questions that will be brought forward today. >> that's right, wolf. it will be playing out on capitol hill. the senate intelligence committee has set a hearing for 2:30 this afternoon with fbi officials, they will be the lead briefers at this hearing. i'm told from a source of that committee. lawmakers want to find out if federal investigators somehow failed to see big red flags coming from tamerlan tsavraev. as lawmakers are praising authorities for the quick work in the boston bombing case, members of congress are still calling for hearings, into the fbi's handling of dead suspect tamerlan tsavraev, who traveled back to a dangerous region of russia, just last year. >> what did he do, when he went back for six months? sit in his aunt and uncle's home for six months or doing something else? and when he came back to this countr
is is always a market somewhere. i like to find it for you right here on "mad money." i'm jim cramer, see you tomorrow. >>> good evening, everybody, i'm jim kudlowing, this is ""the kudlow report." "terrorist zoek dzhokhar tsarnaev was formally charged. he has also been mirandized already, which means he could be lawyered up, which means, we may not get the information we need. this is an outrage. he ought to be compared an enemy combatant. we'll have the latest on these late breaking developments. >>> also tonight, the faa says the sequester is starting it to start furloughs. that means major delays at airports. this is all politics. we'll talk to one airline pilot who says the faa action is bologna. >>> and the senate is beginning to vote to improve an -- approve an internet sales tax that will wreck small business, dan consumers and amount to a huge tax grab for state governments across the country. a terrible idea. ""the kudlow report"" begins right now. ♪ all right. charges were filed against terror suspect dzhokhar tsarnaev. nbc news' pete williams joins us with all th
about you. >> very lovely. >>> someone we also think is lovely, cbs sportscaster jim nantz who we like. he reportedly had an elaborate plan to deal with the blackout at this year's super bowl. most of the superdome went dark in the third quarter. remember that? according to "sports business journal" says nantz he wanted to jump from the broadcast booth, grab a ledge and lower himself into the stands. from there, he wanted to run onto the field and report what was going on. lance barrow who was producing for cbs thought better of the idea and kept nantz in his seat. >> they're probably going thank you, lance barrow. doubt me, don't. jim nantz. >>> live television can be shall we say, a dicey thing, especially when mistakes can last forever on the internet. ben tracy shows us a north dakota tv news anchor who's learning that lesson the hard way. >> reporter: first days on the job can be tough. this one was awful. >> [ bleep ] gay. >> good evening, i'm van tieu. >> a.j. clemente apparently unaware he was on the air swore as he got flustered practicing his lines for hi
will have one of the echo creators of jim chapin will be here to talk to read his new project. we will see you here tomorrow. "the willis report" as telling a next. ♪ gerri: hello, everybody. i'm gerri willis. tonight on "the willis report" budget cuts bite at airports across the country and passengers feel it. >> i got here and they said that the flight was canceled. gerri: the old adage, sell in may and go away, but how did you invest the right way this year? we will show you how. your boss snooping under facebook and twitter. are your privacy rights gone for good? we are on the case tonight on "the willis report." ♪ gerri: tonight's top story, delays at airports coast to coast. according to the faa, flights into new york, baltimore, and washington are delayed because of not enough controllers on hand to monitor the busy corridors. joining me now, president of boy group international and erik hanson, director of domestic policy for the u.s. travel association. welcome to you both. i will start with you, mike. what do you make of this? the fda is saying many of these delays are two ho
, how would agent jim toth was arrested for driving under the influence of alcohol. what is the says she was worried about her husband and clearly had one drink too many but asserted her respect for law enforcement. >> it is kind of surprising to hear her play that card. she was not in her right mind. she said she had one too many. she is trying to the vendor has been. that is what happens when they try to do that with police. >> let's look at weekend box office numbers and times cruises' new sci-fi thriller oblivion wince at the top spot at $38.2 million. in second place, 42 turning an estimated $18 million and running out the top three, though croods with an estimated $9.5 million. here is a view from mt. tam overlooking san francisco. temperatures are already beginning to warm up a bit, it will get hot later on beginning to warm up a bit, itnew nehoney bunches of oats greek yogurt and whole grain. herehe we go. honehoy corncoflakes and chunks of greek yogurt. i'i'm tasting both the yogurt and the honey at the same time. i'm like digging this yogurt thing. i feelfe healthy. new how ney
digital age. thank you. appreciate it. >> when we come back, we have jim cramer, stocks to watch and we'll talk about what has him fired up ahead of the opening bell. stick around. .. as soon as i met fiona and i was describing the problem we were having with our rear brakes, she immediately triaged the situation, knew exactly what was wrong with it, the car was diagnosed properly, it was fixed correctly i have confidence knowing that if i take to ford it's going to be done correctly with the right parts and the right people. get a free brake inspection and brake pads installed for just 49.95 after rebates when you use the ford service credit card. did you tell him to say all of that? no, he's right though... a lot can happen in a second. with fidelity's guaranteed one-second trade execution, we route your order to up to 75 market centers to look for the best possible price -- maybe even better than you expected. it's all part of our goal to execute your trade in one second. i'm derrick chan of fidelity investments. our one-second trade execution is one more innovative reason serious in
promise to find it just for you right here on "mad money." i'm jim cramer. thank you, everybody. see you tomorrow! >>> good evening, everyone. i'm larry kudlow. this is "the kudlow report." let's get started right away. the big story today a shocking but fake tweet and from the associated press and set off a steep stock market selloff and then just as suddenly, a stock market rebound. what on earth happened? cnbc's own eamon javers joins us with this incredible story. good evening. >> it was a really bizarre turn of events starting at 1:07:00 p.m. here's the tweet that the a.p. account put out at that minute. it said, "breaking" two explosions in the white house and barack obama is injured. that was a fake report as a result of a hack attack against the a.p. twitter account. but it set off this reaction in the dow jones industrial average, as you see from the chart, a huge spike down on that news. down about 143 points at the bottom. and then bouncing right back up, all of that happening within the space of about three minutes. and by sheer coincidence, the white house briefing was set t
's jim dickey has some answers. >> good morning, john, diana. tracking a cold front. pushing eastward, seeing soaking rainfall this morning across portions of the midwest. and snow in the ohio valley, and snow in the twin cities, into wisconsin. back on into denver. good news is the snow does wind down but not before many spots have picked up as much as 6 to 12 inches of snow, twin cities area up into canada. this is while we are seeing soaking rainfall here. many of the spots. river levels fall from record levels. flash flooding, major concern where the rain is falling. but all of the rain, all of the floodwater continues to filter down the mississippi. many spots southward still watching the rivers rise. widespread major flooding ongoing here through the week. john and diana, back to you. >> jim, thank you. >>> to boston now where top officials have kicked off fund raidsing. efforts for the victims of the marathon bombing. >> that's right. the one fund boston has already gotten $1 million commitment from the john hancock insurance company. you can see the number one prominently on t
rise any higher. jim spellman is live in spring bay, illinois. i'm looking at your pictures now. i know home and business owners are just devastated by all of this. >> reporter: they can take some of that bay area weather here in illinois. two blocks this way is the banks. it started to come up wednesday and it's cresting here. statewide, this is even worse, the governor has asked fema to come in and do an assessment. the real problem, it's just begin, all of the water from all of the spring, storm, rain, is making its way south, inundating the communities. the good news, we haven't heard reports of widespread damage. it's mostly riverfront communities. they put a mandatory evacuation in here. fire chief tells us he's ready to do water rescues if they have to. they may not have that really -- really widespread reach but to the areas it's hitting, it's a serious situation -- serious situation. >>> any forecast about a letup in the near future? >> well, they expect about an inch of rain. it just started raining here in the last hour. beyond that, though, i think they will get a break. so
, that is the --. >> host: charles there is tweet relating to what you're saying. jim writes can an american citizen be considered an enemy combatant? >> guest: absolutely goes back to the civil war. goes certainly to world war ii. anwar al-awlaki was american-born. president obama use ad drone to kill him in the wilds of yemen. if you, if you fill eight yourself with enemy forces and you go to war against american citizens and you kill americans will fully and you do so on behalf of a movement or enemy forces then indeed you can be considered an enemy combatant. being a enemy combatant simply because you're an american citizen. if in world war ii you went over and joined nazi forces were you not a enemy combatant? of course you were. . . >> he didn't treat those terrible tragedies as access war, but appropriately treated them as heinous criminal acts to be investigated, prosecuted, and appropriately punishes. >> host: al-alwaki was an american citizen, kimed on orders of president obama. did president obama violate the constitution by doing that? >> guest: well, actually, we have a lawsuit in which
Search Results 0 to 15 of about 16